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India's unemployment rate fell to what percentage in September 2022?
A)
5.68%
B)
6.12%
C)
6.43%
D)
6.81%

Correct Answer : Option (C) - 6.43%


India's unemployment rate fell to 6.43% in September 2022, its lowest level since August 2018 and after touching a one-year high of 8.3% in August 2022, the latest data shared by the private think tank Centre for Monitoring Indian Economy (CMIE) shows. 
 
The jobless rate fell in both urban and rural parts of the country, thanks to the addition of new jobs during September 2022. In urban areas, the unemployment rate fell to 7.7% from 9.57%, while it dropped to 5.84% from 7.68% in rural areas of the country.
 
As of October 2, 2022, the country's jobless rate stands at 6.5% -- urban at 7.7% and rural at 6%.

The unemployment rate is the highest in Rajasthan at 23.8%, followed by J&K at 23.2%, Haryana at 22.9%, Tripura at 17%, Jharkhand at 12.2% and Bihar at 11.45%
 
The fall in the unemployment rate follows after around 8 million jobs were added in September 2022. 
 
The lowest unemployment rate among the states was recorded in Chhattisgarh at 0.1% in September, followed by Assam at 0.4%, Uttarakhand at 0.5%, Madhya Pradesh at 0.9%, and Gujarat at 1.6%..

Source : Fortune India

Published On : October 3, 2022
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